Boardroom Deadlock
Are you a 50/50 owner of a small business?
Are you in disagreement about how the company should be run?
Are you in deadlock? Feeling frustrated?
Are you in despair about how best to resolve an impasse?
You’re not alone. This happens all the time. Particularly when the shareholders were friends when they started.
If you have a shareholder agreement this may provide some options. Sometimes these options can work. Sometimes the options are clunky. In most cases, however, there is no shareholder agreement. Either way the default mechanism is often inflexible and unattractive.
Shareholder mediation
Mediation can be an effective process for breaking the deadlock. With the help of an independent mediator you can be guided towards better conversations. A successful outcome can quickly breathe new life into business aspirations allowing you to put conflict in its place and move forward with a fresh perspective.
If you would like to discuss how mediation can help you to deal with conflict and manage the emotional barriers do get in touch.